Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Monday, March 2, 2015
Silver Miners Have No More Wiggle Room At Current Prices - Geoff Burns
Continuing our coverage of PDAC at CPM's Silver Reception, Kitco News speaks with Pan American Silver chief Geoff Burns to see how his company is holding up with lower silver prices. "At current prices, there’s not a lot of deposits that make money," he says. "It can't stay at this price very long." According to Burns, gold and silver prices should be headed higher given current market conditions and continued easing by central banks around the world. "At the end of the day, when you print currency, commodities have to be worth more," he says. "When you have more money, then things of value like silver and like gold eventually have to go up." Burns also comments on recent changes made to senior managements at his company and what it means for the business. Tune in now for more coverage from the world's largest mining conference. Kitco News, March 2, 2015.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
Posted by Gordon Silverstein